Objektbeschreibung
JLL Institutional Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire Innova Greenway (the “Property”) which includes 155,895 rentable square feet of experiential retail and a 2,200 parking garage in the heart of the River Oaks submarket in Houston, Texas. Innova Greenway is currently 89% leased to Edwards Theater (a Regal Theater) and Holey Moley (a FunLab concept) with 10.5 years of weighted average lease term. The stable income stream provides over $60 million in remaining contractual revenue with one of the top performing Regal Theaters in the country.
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Eigenschaften
Vermietungsstand
89 %
Baujahr
1999
Grundstücksfläche netto
1,79 Hektar
Medien
Investment-Highlights
- IRREPLACEABLE LOCATION WITH UNPARALLELED DEMOGRAPHICS
- OVER $60M OF DURABLE CONTRACTUAL REVENUE FROM 10.5 YEAR WALT OF EDWARDS CINEMA AND PARKING GARAGE
- NEAR-TERM $10M CAPITAL INFUSION FOR THEATER RENOVATIONS
- LONG TERM COVERED LAND PLAY FOR MIXED-USE DEVELOPMENT OPPORTUNITY AT A COMPELLING BASIS
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Innova Greenway (0 Objekte)
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Zuletzt aktualisiert
16. Mai 2024
